Which Inland Marine policy protects those who ship and receive goods on an annual basis?

• A. Trip Transit
• B. Motor Truck Cargo
• C. Annual Transit
• D. Trailer Interchange

Answer: (C)

Annual Transit is the form designed for ongoing shipments year after year. It provides blanket coverage for all goods in transit during the policy period, so a business that regularly ships and receives items doesn’t need to arrange separate coverage for each shipment. This continuous protection—covering property from the moment it leaves the shipper to its destination, including time in the hands of carriers—fits the needs of a company with frequent shipments.

Trip Transit, by contrast, covers only a single shipment or trip, requiring new coverage for each movement. Motor Truck Cargo focuses on goods while they’re in the custody of a motor carrier and is typically tied to a specific transit arrangement rather than a blanket year-long policy. Trailer Interchange insures the trailers themselves when interchanged between carriers, not the goods inside them during transit.